NIIT Limited — Quarter ended March 31, 2026 (Audited) and year ended March 31, 2026 (Audited)
Consolidated Financial Results (Rs. in Millions, except per share data)
| Particulars | 3 months ended March 31, 2026 Audited (Refer notes 9 and 12) |
Preceding 3 months ended December 31, 2025 Unaudited (Refer note 9) |
Corresponding 3 months ended March 31, 2025 Audited (Refer note 12) |
Current year ended March 31, 2026 Audited (Refer note 9) |
Previous year ended March 31, 2025 Audited |
|---|---|---|---|---|---|
| 1 Income | |||||
| a) Revenue from operations | 997.41 | 1,013.68 | 862.85 | 3,901.71 | 3,575.83 |
| b) Other income | 85.59 | 207.38 | 244.72 | 665.61 | 801.03 |
| Total income | 1,083.00 | 1,221.06 | 1,107.57 | 4,567.32 | 4,376.86 |
| 2 Expenses | |||||
| a) Purchase of stock-in-trade | 76.36 | 53.64 | 38.63 | 222.94 | 179.77 |
| b) Changes in inventories of stock-in-trade | (5.59) | 1.05 | 4.77 | (2.01) | – |
| c) Employee benefits expense | 371.11 | 412.52 | 329.63 | 1,538.78 | 1,348.45 |
| d) Professional & technical outsourcing expenses | 353.28 | 324.54 | 299.47 | 1,344.25 | 1,126.53 |
| e) Finance costs | 3.14 | 2.41 | 2.10 | 10.50 | 9.31 |
| f) Depreciation and amortisation expenses | 74.18 | 76.13 | 59.28 | 289.56 | 232.42 |
| g) Other expenses | 216.74 | 230.91 | 205.34 | 931.38 | 888.74 |
| Total expenses | 1,089.22 | 1,101.20 | 939.22 | 4,335.40 | 3,785.22 |
| 3 (Loss) / Profit before Exceptional items and tax (1-2) | (6.22) | 119.86 | 168.35 | 231.92 | 591.64 |
| 4 Exceptional items (net) (Refer note 5) | (10.42) | (54.34) | (2.50) | (109.54) | (2.50) |
| 5 (Loss) / Profit before tax (3+4) | (16.64) | 65.52 | 165.85 | 122.38 | 589.14 |
| 6 Tax expense | |||||
| – Current tax | 25.06 | 18.16 | 29.78 | 69.08 | 97.17 |
| – Deferred tax (credit) / charge | (7.09) | 0.89 | (1.66) | (8.08) | (3.16) |
| Total tax expense | 17.97 | 19.05 | 28.12 | 61.00 | 94.01 |
| 7 (Loss) / Profit after tax from continuing operations (5-6) | (34.61) | 46.47 | 137.73 | 61.38 | 495.13 |
| 8 Loss after tax from discontinued operations (Refer note 6) | (0.20) | (0.81) | (0.76) | (2.07) | (14.97) |
| 9 (Loss) / Profit after tax attributable to (7+8) | (34.81) | 45.66 | 136.97 | 59.31 | 480.16 |
| – Owners of Parent Company | (44.19) | 39.50 | 131.39 | 52.83 | 461.25 |
| – Non Controlling Interests | 9.38 | 6.16 | 5.58 | 6.48 | 18.91 |
| 10 Other comprehensive income / (loss) (net of tax) | |||||
| (i) Items that will not be reclassified subsequently to profit or loss | |||||
| a) Remeasurement of the defined benefit obligation | 0.36 | 1.88 | (4.47) | (1.94) | 0.26 |
| b) Income tax effect | (1.42) | (0.19) | 0.09 | (0.90) | 0.10 |
| (1.06) | 1.69 | (4.38) | (2.84) | 0.36 | |
| (ii) Items that will be reclassified subsequently to profit or loss | |||||
| a) Exchange differences on translation of foreign operations | 26.58 | 9.95 | 2.47 | 49.42 | 6.64 |
| 26.58 | 9.95 | 2.47 | 49.42 | 6.64 | |
| Total (i+ii) | 25.52 | 11.64 | (1.91) | 46.58 | 7.00 |
| 11 Total comprehensive (loss) / income (9+10) | (9.29) | 57.30 | 135.06 | 105.89 | 487.16 |
| Attributable to: | |||||
| Owners of Parent Company | (19.10) | 50.97 | 129.48 | 98.52 | 468.25 |
| Non Controlling Interests | 9.81 | 6.33 | 5.58 | 7.37 | 18.91 |
| 12 Paid-up equity share capital | 272.78 | 272.78 | 271.19 | 272.78 | 271.19 |
| (Face value of Rs. 2 each, fully paid) | |||||
| 13 Reserves excluding revaluation reserves | 10,429.02 | 10,517.53 | |||
| 14 (Loss) / Earnings Per Share attributable to equity shareholders of parent for Continuing Operations (in Rs.): | |||||
| (Face value of Rs. 2/-) (Not annualised) | |||||
| – Basic | (0.32) | 0.30 | 0.98 | 0.41 | 3.52 |
| – Diluted | (0.33) | 0.29 | 0.97 | 0.40 | 3.47 |
| 15 Loss Per Share attributable to equity shareholders of parent for Discontinued Operations (in Rs.): | |||||
| (Face value of Rs. 2/-) (Not annualised) | |||||
| – Basic | (0.00) | (0.01) | (0.01) | (0.02) | (0.11) |
| – Diluted | (0.00) | (0.01) | (0.01) | (0.02) | (0.11) |
| 16 (Loss) / Earnings Per Share attributable to equity shareholders of parent for Continuing and Discontinued Operations (in Rs.): | |||||
| (Face value of Rs. 2/-) (Not annualised) | |||||
| – Basic | (0.32) | 0.29 | 0.97 | 0.39 | 3.41 |
| – Diluted | (0.33) | 0.28 | 0.96 | 0.38 | 3.36 |
Consolidated Statement of Assets and Liabilities (Rs. in Millions)
| Particulars | As at March 31, 2026 Audited (Refer note 9) | As at March 31, 2025 Audited |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 1,411.72 | 1,415.40 |
| Goodwill | 1,485.74 | 835.23 |
| Other Intangible assets | 543.40 | 283.03 |
| Right-of-use assets | 58.16 | 49.63 |
| Intangible assets under development | 228.51 | 319.93 |
| Financial assets | ||
| Investments | 105.00 | 15.00 |
| Other financial assets | 82.49 | 22.02 |
| Deferred tax assets (net) | 168.70 | 159.78 |
| Income tax assets (net) | 392.65 | 373.18 |
| Other non-current assets | 0.36 | 0.68 |
| Total non-current assets | 4,476.73 | 3,473.88 |
| Current assets | ||
| Inventories | 12.56 | 10.55 |
| Investments | 6,454.90 | 6,763.90 |
| Trade receivables | 573.23 | 503.49 |
| Cash and cash equivalents | 275.15 | 318.92 |
| Bank balances other than above | 80.84 | 247.67 |
| Other financial assets | 485.38 | 564.88 |
| Other current assets | 179.52 | 154.80 |
| Total current assets | 8,061.58 | 8,564.21 |
| Asset held for sale | – | 0.56 |
| TOTAL ASSETS | 12,538.31 | 12,038.65 |
| EQUITY AND LIABILITIES | ||
| EQUITY | ||
| Equity share capital | 272.78 | 271.19 |
| Other equity | 10,429.02 | 10,517.53 |
| Share application money pending allotment | – | 0.26 |
| Equity attributable to owners of NIIT Limited | 10,701.80 | 10,788.98 |
| Non-controlling interests | (1.51) | 71.76 |
| TOTAL EQUITY | 10,700.29 | 10,860.74 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Borrowings | – | 3.44 |
| Lease Liabilities | 40.77 | 42.48 |
| Other financial liabilities | 363.91 | 26.79 |
| Deferred tax liabilities (net) | 10.38 | 0.96 |
| Provisions | 3.44 | 0.68 |
| Other non-current liabilities | 7.38 | 9.80 |
| Total non-current liabilities | 425.88 | 84.15 |
| Current liabilities | ||
| Borrowings | 3.44 | 3.14 |
| Lease Liabilities | 25.31 | 15.25 |
| Trade payables (a) Total outstanding dues of micro enterprises and small enterprises | 36.98 | 23.04 |
| Trade payables (b) Total outstanding dues of creditors other than micro enterprises and small enterprises | 543.61 | 455.46 |
| Other financial liabilities | 281.72 | 208.78 |
| Other current liabilities | 287.24 | 221.66 |
| Provisions | 231.98 | 157.20 |
| Income tax liabilities (net) | 1.86 | 9.23 |
| Total current liabilities | 1,412.14 | 1,093.76 |
| TOTAL LIABILITIES | 1,838.02 | 1,177.91 |
| TOTAL EQUITY AND LIABILITIES | 12,538.31 | 12,038.65 |
Consolidated Statement of Cash Flows (Rs. in Millions)
| Particulars | Year ended March 31, 2026 Audited (Refer note 9) | Year ended March 31, 2025 Audited |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES: | ||
| Profit/ (Loss) before exceptional items and tax | ||
| – From Continuing Operations | 231.92 | 591.64 |
| – From Discontinued Operations | (2.07) | (5.47) |
| Adjustments to reconcile profit before tax to net cash flows | ||
| – Depreciation and amortisation expenses | 289.56 | 232.43 |
| – Advances from customers written back | (2.77) | (0.91) |
| – Finance costs | 10.50 | 9.31 |
| – Interest income from deposits with banks and financial institutions | (53.54) | (64.05) |
| – Unwinding of interest income on security deposit given | (0.72) | (0.55) |
| – Unwinding of deferred income on security deposit /advances received | (3.17) | (2.87) |
| – Gain on termination of leases and others (net) | (0.20) | (0.40) |
| – Gain on sale/ disposal of Property, Plant and Equipment and Intangible assets (net) | (1.33) | (2.62) |
| – Net gain on changes in fair value of investments through profit and loss | (345.42) | (503.79) |
| – Fair value (gain)/ loss on contingent consideration | – | (30.83) |
| – Dividend income | – | (0.20) |
| – Allowance for expected credit loss on trade receivables (net of reversal) | 2.58 | (0.41) |
| – Allowance for doubtful advances and other receivables (net of reversal) | 0.47 | 2.05 |
| – Allowance for expected credit loss on unbilled revenue (net of reversal) | 1.13 | 2.65 |
| – Allowance for slow/ Non-moving Inventory (net of reversal) | 0.88 | 0.11 |
| – Unrealised foreign exchange (gain)/ Loss (net) | (0.97) | 0.28 |
| – Share based payment expense | 57.04 | 36.17 |
| Operating cash flows before working capital changes | 183.89 | 262.54 |
| Changes in Assets and Liabilities | ||
| (Decrease)/ Increase in Trade Payables | 69.69 | 68.65 |
| (Decrease)/ Increase in Other Non Current Financial Liabilities | 2.69 | 3.26 |
| (Decrease)/ Increase in Other Current Liabilities | 18.61 | (99.37) |
| (Decrease)/ Increase in Other Current Financial Liabilities | (21.14) | (14.25) |
| (Decrease)/ Increase in Short-Term Provisions | 24.55 | 22.54 |
| (Decrease)/ Increase in Long-Term Provisions | 1.36 | – |
| (Increase)/ Decrease in Trade Receivables | (31.41) | (121.55) |
| (Increase)/ Decrease in Inventories | (2.89) | (0.11) |
| (Increase)/ Decrease in Other Non Current Assets | 0.20 | (0.35) |
| (Increase)/ Decrease in Other Current Assets | (23.32) | 76.77 |
| (Increase)/ Decrease in Other Current Financial Assets | 8.17 | (7.76) |
| (Increase)/ Decrease in Other Non Current Financial Assets | (8.29) | (4.23) |
| Net cash flows from operations before tax | 222.11 | 186.14 |
| Direct Tax- (paid including TDS)/ refund received (net) | (97.96) | 108.36 |
| Net Cash flows from Operating activities before Exceptional Items | 124.15 | 294.50 |
| Exceptional Expenses paid | (54.11) | (1.50) |
| Net cash flows from operating activities (A) | 70.04 | 293.00 |
| B. CASH FLOW FROM INVESTING ACTIVITIES: | ||
| Purchase of Property, Plant and Equipment (including internally generated Intangible Assets and Capital Advances) | (323.03) | (389.68) |
| Proceeds from sale of Property, Plant and Equipment and investment property | 2.64 | 5.56 |
| Encashment of Fixed Deposits from Banks (net) | 214.18 | 451.03 |
| Placement with Financial Institutions (net) | (10.00) | (280.00) |